# PPP loan: COMMTANK, INC
> **$704K** approved 04/07/2020 · Paid in Full · Loan `7621947010`
## Borrower
- **Name:** COMMTANK, INC
- **Address:** NEW SALEM ST, WAKEFIELD, MA, 01880-1900
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $704K
- **Initial approval:** $769K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $704K
- **Jobs reported:** 52
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*